Less drinking water for Puerto Ricans, more billions for hedge funds

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Austerity measures …. yeah, right. For whom?

Dear Kitty. Some blog

This video says about itself:

Puerto Rico: Vulture Funds Demand Harsh Austerity Measures

30 July 2015

Puerto Rico’s debt holding vulture funds have demanded that the Caribbean island slash public spending, especially on education, to deal with its debt crisis. In a report commissioned by 34 hedge funds, International Monetary Fund economists call on Puerto Rico to raise taxes, cut medical aid benefits, close schools, slash education subsidies and restructure labor laws and welfare. The report comes as economists say that Puerto Rico will not be able to make its next debt payment of US$90 million due next Saturday.

By Rafael Azul:

Puerto Rico on rations

10 August 2015

On Sunday August 9, Alberto Lázaro, president of Puerto Rico’s Water and Sewage authority, announced a third phase in a water rationing plan that began last May. Hundreds of thousands of households in the San Juan Metropolitan…

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About Dr. Rex

I'm originally from Puerto Rico. I was born in Santurce and raised in Rio Piedras. Have lived in Florida since 1999. I have a doctorate degree in Medicine; completed in 1976. My Internal Medicine specialty was completed in 1979. Worked for Puerto Rico's health system until 1985. At this time, I'm happily retired after working for the federal government for almost 28yrs. I want to offer any knowledge that I have to anyone "out there" who is interested. My views are liberal in almost every sense. My knowledge is "eclectic" - a bit of everything. Music and reading are my passion. Blogging has also become a very interesting endeavor. Metaphysical topics attract me. I'm interested in news reporting human issues like injustice, discrimination and abuse - the "wrongly" affected. My intention is to bring this knowledge to an understandable level and to help anyone in need. I'm open to questions and will answer them to the best of my ability. Currently working on an enterprise whose main mission will be to bring peoples of all walks of life together. To be one .... since we ALL are ONE!! The future looks bright and promising!!!

6 thoughts on “Less drinking water for Puerto Ricans, more billions for hedge funds”

  2. It may be time for activism, protests etc. I really believe most Americans are clueless about what is happening in Puerto Rico. It is an example, of something being out of sight, then out of mind. How often do you read or see anything on the news about your beautiful country? If it were not for you, I wouldn’t know anything..

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    • Activism, protests, marches …. All were tried in the 30-40’s. Squashed by the gov. Initially American envoys & one PR, 1st elected governor by PRs. Status quo since my early childhood to now. There’s a wonderful, new book .. “War Against All Puerto Ricans”, by Nelson A. Denis. Have read it twice. Excellent … what to do know? I know not … may be too late? Who knows. Usually if you brake something, you pay for it. So far, no one is paying … but the people. Sad … beyond sad.

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    • Indeed, my dear friend, indeed. And PR is a possession of the U.S. They are just letting it slowly sink … Reminds me of a line from a West Side Story song …. Let it sink back in the ocean.

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